“The committee recommends that the ministry may include new and...
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GenAI reshaping fraud prevention strategies in India- Experian Insight report
Shail Deep, Chief Operating Officer (COO), Experian EMEA & APAC...
Over 68 lakh cancer treatments done under PMJAY, majority in rural areas: Nadda
J P Nadda,Union Health Minister Those suffering from cancer and are...
RBI to unveil regulations on climate risk and sustainable finance for banking industry
Some regulatory initiatives in the area of climate risk and sustainable finance would also help the REs to better handle climate risk and guide them in the transition period The RBI is planning to set up a committee to examine and review the state of customer service...
RBI keeps repo, reverse repo rates unchanged for 11th time in row, cuts GDP growth forecast
Shaktikanta Das,Governor,RBI Keeping the approach " cautious, but proactive", RBI Governor Shaktikanta Das said that the RBI is emphasizing on three different aspects which will place India in a position that would enable it to deal with the merging crisis and...
Russia credit insurance shows 99% chance of default within year
Credit-default swaps insuring $10 million of the country’s notes for one year were quoted at about $7.3 million upfront and $100,000 annually on Wednesday, according to ICE Data Services’ prices on Bloomberg. That’s up from about $5 million in advance last week, the...
Nuanced, calibrated approach essential for launch of CBDC, says Reserve Bank DG
RBI is planning to come out with a central bank backed digital currency using blockchain technology in 2022-23. As far as India is concerned, he emphasised that RBI is looking at Central Bank Digital Currency (CBDC) as just as the digital form of paper currency and no...
Govt’s focus on affordable healthcare ensured significant savings for poor, middle class: PM
Prime Minister Narendra Modi On World Health Day, Prime Minister Narendra Modi pointed to some facets of this ''pathbreaking scheme'' such as more than 3.2 crore people got free treatment under the Ayushman Bharat Jan Arogya Yojana, over 18 crore Ayushman cards issued...
New IRDA chief Panda launches `Reforms 2.0′ for Indian insurance industry
Debasish Panda,chairman, IRDAI ``After two-decades of liberalisation, the Indian industry is matured and have to be given more freedom in fixing market determined pricing and launching innovative products,’’ said Panda, who retired as secretary of the department of...
Suspected Chinese hackers collect intelligence from India’s power grid
The hackers focused on at least seven “load dispatch” centers in northern India that are responsible for carrying out real-time operations for grid control and electricity dispersal in the areas they are located, near the disputed India-China border in Ladakh, the...
India detects first ‘XE’ variant of COVID-19 in Mumbai
However, the Union Health Ministry is yet to confirm the detection of the first XE variant in the country According to the sources, the Indian SARS-CoV-2 Genomics Consortium (INSACOG) is doing a deep genomic analysis of the case as a follow-up declared XE positive by...
Shanghai extends lockdown to entire city as tests show COVID spread
The costs to the world's second-biggest economy mount. Some 23 Chinese cities are under total or partial lockdown, affecting an estimated 193 million people in areas accounting for 13.6% of its gross domestic product, the Nomura brokerage said in a note on Tuesday...
Passenger vehicle retail sales dip 5 pc in March to 2,71,358 units: FADA
''Passenger vehicles continue to see high demand and long waiting periods as semiconductor availability still remains a challenge, even though supplies slightly improved from previous month,'' FADA President Vinkesh Gulati noted New Delhi: Domestic passenger vehicle...